Revenue is 3,000, cost of goods is 1,500, selling expense is 500 what is the prophit?

Question

Araceli

30 July, 05:51

+2

Answers (2)

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Pierce Villarreal · Answer 1

In this situation the revenue is the total sales you make before all expenses.

To find the profit: 3000 - 1500 - 500 = 1000.

Your profit is $1,000.

Darius Nixon · Answer 2

The cost of goods was 1,500 and was sold for 3,000 and the selling expenses was 500

The profit is 3,000-1500-500=1000

therefore the profit is 3,000